Muayad is a secondary school student and is actively looking for a job but fails to find one . Which of these statements is true about him ? O a . Muyad is not considered as unemployed b . Muayad is considered as unemployed O c . Muayad is part of the labor force O d . Muayad is structurally unemployed Clear my choice
Q: A new employer will be assigned a SUTA contribution rate: a. will be different for all new…
A: The correct answer is Option (d).
Q: Tony is a MIB. Which of the following would not be a discreditable act that he should definitely…
A: A discreditable act is an action or behavior that brings shame, dishonor, or loss of reputation to…
Q: Ahmed owns the business Al-Shifa diagnostics and Mohammed works there as an employee. Which of the…
A: Owner is the person who own the business and responsible for all the profits and losses of the…
Q: 1-Which act sets the minimum wage, and what is the current wage rate? Under the FLSA , what…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Which of the following is true regarding the banning of mandatory retirement? It reduces the…
A: Retirement is the stage when a person stops working, different companies has set different ages of…
Q: QUESTION 33 Which of the following is not an example of incidental damages for one who has just had…
A: A person who has just left his employer i.e. whose employment contract has just been cancelled ,…
Q: The concept of "wages" does not include which of the following items? Multiple Choice O O direct…
A: The concept of "wages" typically refers to direct monetary compensation provided by employers to…
Q: The difference between the federal minimum wage and the tipped wage involves: Muitiple Choice An…
A: Federal government set required minimum wages for the worker who receives the tips on a regular…
Q: A "marriage penalty" most typically results when: both spouses are employed and each spouse earns a…
A: 36) Tax Liability is the different company's taxable income as shown in the income statement and in…
Q: Ira recently moved to take a job. For the first month on the new job, Ira was searching for a home…
A: Gross income: It is the income which one earns from the contribution made to the work during the…
Q: Ahmed is an engineer and he approves private projects in the Government. One project was submitted…
A: Professional ethics is followed by a professional to check the legality, financial viability, and…
Q: Omar, the manager of KM Company, finds his younger brother Ali, hanging out with his friends instead…
A: Correct answer is option (a), This is a personal ethical dilemma and if Omar decides to inform his…
Q: Required information [The following information applies to the questions displayed below.] Clem is…
A: Deductible expenses are costs that can be removed or "deducted" from a taxpayer's gross income to…
Q: Question: 1. Adam is confused. He does not understand why rent on his apartment is a fixed cost and…
A: Let's break down the difference between fixed costs and mixed costs:Fixed Costs:Definition: Fixed…
Q: ifferences to explain why the three former staff, even though affected by the collapse of the banks…
A: Individual differences are characteristics that distinguish pupils during the teaching and learning…
Q: Discrimination in the labor market The following table lists the name, gender, height, and minimum…
A: In the given question the 5 lowest minimum wage is for Sam,Hilari,Maria,Edison,KevinS.noNameMinimum…
Q: Which of the following does not qualify as a "for the convenience of the employer nontaxable fringe…
A: The "for the convenience of the employer" criterion is an important consideration for determining…
Q: Question 1 Peterman Inc. provides an automobile to Ms. Winters for her to use in carrying out her…
A: Common examples of taxable perks include gym memberships, transit passes, boarding, lodging,…
Q: Question 2: How is self-employment income calculated?
A: As per guidelines, only one question is allowed to be solved so I am answering the first question.…
Q: Case 2 According to Oman Labor Law, on the termination of workers who are not beneficiaries of…
A: Solution: CASE 2 (b). As per Oman law, Gratuity is paid based on last drawn Basic pay. It is paid…
Q: Suggest an alternative method of calculating the EITC that reduces this penalty for low-income…
A: EITC-The earned income tax credit, can be defined as the tax credit being received by the workers or…
Q: manda operates a manufacturing Plant and melons through a business income form. Her insurance policy…
A: Business income form is type of insurance in which if the operations of company are closed due to…
Q: Using Table 1.1, calculate the Unemployment Rate in Nellyville. Welcome to Nellyville! The table…
A: Computation of total employed: Particulars Number of employees Currently working 400 Add:…
Q: Janice Morgan, age 24, is single and has no dependents. Janice works as an employee from Worldwide…
A: Income tax: Tax return is a form for filing the income tax return with a tax authority. The tax…
Q: Thompson and Daniel are best friends who put equivalent volumes of work into their studies,…
A: The big 5 personality traits being exhibited by Thomson and Daniel are as follows: Openness…
Q: TRUE OR FALSE A minimum wage earner in MetroManila may not be a minimum wage earner in Bicol Region
A: A MINIMUN WAGE EARNED IN METROMANILA MAY NOT BE A MINIUM WAGE EARNER IN BICOL REGION. The legislated…
Q: Explain the term ‘vicarious liability’ and recommend four steps employers can take to meet their…
A: The liabilities mean the state for which someone is personally liable. In simple words, liability is…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: To determine Shauna's taxable income, we need to calculate her itemized deductions and compare them…
Q: Which of the following is not related to Opportunity costs? O None of the choices O Rental Income…
A: Opportunity cost is the next best cost. Means it is the loss of one alternative when we chosen…
Q: B 12. Susan works part-time with an accounting firm while she completes her accounting degree. She…
A: Some of expenses are deducted as expenses but while some of expenses are not deducted.
Q: Max, the president of Maxwell, Inc. decides to take a personal pay cut instead of laying off 10,000…
A: Ethics have an important place in the organisation and for all the managers and employees in the…
Q: for any unused sick leave entitlements if they leave the organisation, whereas in other organisatons…
A: Unused Sick leave entitlements: Each and every employee are allotted sick leaves. If employees do…
Q: What are the allocated wages for Jack and Jill in Year 1 and Year 2 and how do you calculate this?
A: Ordinary income (OI) which is the term of accounting and it states the amount of money that is…
Q: The term "exempt" refers to employees who fall under the purview of the minimum wage and overtime…
A: Exempt employees means employees who dont qualify for minimum wage and dont receive overtime pay.…
Q: Jordan was terminated from his employment without just cause and started looking for a new job…
A: The person can contribute in the society by doing the job or business that has providing the goods…
Q: Tammy comes home from her day job and usually spends a couple of hours every evening “managing” her…
A: Step 1 Trading is not a commercial operation, according to the Internal Revenue Service (IRS).In…
Q: MULTIPLE CHOICE Employee benefits are, A. not typically paid for by the employer provided in…
A: Employee benefits are forms of compensation that are provided by employers to their employees, in…
Q: Aman has a big family. He has seven brothers and seven sisters. One of his brothers, Athif is not…
A: Management refers to controlling and directing people in a group for doing something and achieving…
Q: Frank is a construction worker at construction company C in Saskatoon. Frank has a workplace…
A: Insurance refers to the protection agreement which can be purchased by a person to control or…
Q: In which circumstance, if any, would your spouse's employment at the client impair your…
A: The ability of an auditor to maintain objectivity and impartiality while performing audits is…
Q: t or f Full-time students and prisoners are counted as unemployed
A: Explanation : A homemaker is neither part of labour force nor as unemployed. Also, full-time…
Q: Adam is confused. He does not understand why rent on his apartment is a fixed cost and rent on a…
A: Steps:-Let's break down the difference between fixed costs and mixed costs:Fixed Costs:Definition:…
Q: JOU, ne will be unable to borrow the money needed for f financial officer (CFO) of a small…
A: The answer is stated below: Note: Answering the first three subparts as there are multiple…
Q: Is it right that she needs not to worry on her exposure on said tax?
A: Fringe benefits are the benefits which the employee of a company receives from its employers during…
Q: Question 19: Which statement is incorrect regarding wage garnishments? Answer: А. They are only…
A: Wage garnishment is legal proceeding in which person earning required by court or legal proceeding.
Step by step
Solved in 2 steps
- Alex has unexpectedly been made redundant from his job as a gardener and is struggling financially. Explain three ways that unemployment can impact negatively on an individual’s self-concept.Ahmad is among 700 workers employed by ABC Construction Co. Ltd. at Klang, Selangor. He sought your legal opinions about his employer who always prevents the establishment of a trade union. He claims that the existence of a trade union would enable him and his co-workers to negotiate matters concerning their working conditions at their workplace which are unsafe. The workers even consider organizing a strike in addressing the said issues. Advise Ahmad about the rights to form a union and the impact of the invalid strike.A borrower had submitted a loan application and was approved, She submits a change to her application, and it is now denied. Which of the following changes will most likely result in a loan being denied? The borrower begins to receive public assistance. BO The borrower mistakenly omitted a previous residence. C The borrower is going to take maternity leave from her employer. DO The borrower assumes additional debt that was not previously reported.
- Which of the following statements are reasons employers may choose to delay eligibility of employees to participate in a retirement plan? 1. Employees do not start earning benefits until they become plan participants (except in defined benefit plans, which may count prior service). 2. Since turnover is generally highest for employees in their first few years of employment and for younger employees, it makes sense from an administrative standpoint to delay their eligibility. A. 1 only. B. 2 only. C. Both 1 and 2. D. Neither 1 nor 2.This is not a writing assignment!!!!!! Debbie was born in Australia and qualified as an engineer in 2005. She has worked in Toowoomba since 2005 but on 1 September of the current tax year Debbie travelled to Ireland to take up a job with a legal firm in Dublin, Ireland for a period of three years. She sold her car but retained her home in Toowoomba and rented it out to tenants. She leased a home in Dublin so that she, her husband and their two children could live together for the 3 year period.In relation to Debbie’s tax residency which of the following statements is most correct? a. Debbie is likely to become a non-resident of Australia from 1 September of the current tax year because after that time she has established a permanent place of abode overseas. b. Debbie is likely to remain a resident of Australia under the 183 day rule. c. Debbie will remain a resident of Australia for the current tax year as she has not lived overseas for 2 years at that time.…Many small businesses have to squeeze down costs any way they can just to survive. One way many businesses do this is by hiring workers as “independent contractors” rather than as regular employees. Unlike rules for regular employees, a business does not have to pay Social Security (FICA) taxes and unemployment insurance payments for independent contractors. Similarly, it does not have to withhold federal, state, or local income taxes or the employee’s share of FICA taxes. The IRS has a “20 factor test” that determines whether a worker should be considered an employee or a contractor, but many businesses ignore those rules or interpret them loosely in their favor. When workers are treated as independent contractors, they do not get a W-2 form at tax time (they get a 1099 instead), they do not have any income taxes withheld, and they find themselves subject to “self-employment” taxes, by which they bear the brunt of both the employee’s and the employer’s shares of FICA taxes.…
- Ramona and Katie both work for the Julian Corporation and perform similar jobs. They earn the same wage, and the firm provides them with the same dollar value of benefits. But Ramona (who has young children has opted to spend most of her benefit dollars on childcare, while Katie is using hers to pay for tuition at a local community college. The fact that the firm offers these options suggests that it provides a cafeteria-style benefits program. ) a) True O b) False5. Unemployment insurance and permanent job loss. Workers sometimes lose their jobs due to international trade. These jobs are permanently gone, and many displaced workers have difficulty finding a similar job. The jobs they can find in a few months tend to offer much lower wages than their old job. Consider the following two proposals to provide unemployment insurance for such workers. Explain your arguments for or against each policy. a) Workers displaced from industries identified as impacted by foreign trade receive extended unemployment benefits. They will receive unemployment benefits for an extra 26 weeks beyond the normal 26 weeks eligibility. b) These workers receive unemployment benefits up to 26 weeks. In addition, if they accept a job at a lower pay than their old job, they are guaranteed 50% of the difference in earnings as a wage supplement for two years. (The government pays the supplement to the worker.)16. The employees of PALA, Incorporated staged a strike. Mon an employee joined the strike. After four (4) months of continued strike, Mon ran out of money and asked financial aid from other people since he has no source of income and needed financial assistance in order to live. He was able to raise P3,000. When Mon filed his return, he excluded these benefits from his gross income. a. The P 3,000 is subject to final withholding tax. b. The- entire amount is not taxable because it is 'a donation and not income. C. The income is not taxable because it is neither compensation, business, professional nor passive income. d. The entire income is taxable because it is considered as income from whatever source derived. CS Scanned with CamScanner
- When employers are subject to both federal and state wage-hour laws, they must observe the law that: a. is the more recent one b. is more favorable to the employer c. is more favorable to the employee d. has the bigger penaltiesDiscu 1. What is the difference between an allowance and a re bursement? How does this difference affect labor burden? 2. Why are the social security and Medicare taxes paid by the employee not included in labor burden? How does employee turnover affect the labor burden costs? 4. What can a company do to reduce its workers' compen- sation insurance costs? Problems 5. Determine the annual cost, average hourly cost, and burden markup of an hourly employee given the infor- mation in Table 8-1. Assume the employee takes full advantage of the 401(k) benefit. The employee's health insurance is paid for entirely by the employer. Last year the employee worked 2,104 hours and was paid for an additional 80 hours of vacation. The employee was paid for at least 40 hours each week and is to be paid time and a half on any work over 40 hours per week. Table 8-1 Wage Information for Problem 5 Item Wages Bonus Allowances Social Security Medicare FUTA SUTA Workers' Comp. General Liability 401(k) Health…Hamza is a student of UTAS -Nizwa in the foundation program. He is actively searching for a job but fails to following statement is TRUE for Hamza ? O a . Hamza is considered as employed Hamza is considered as unemployed Hamza is not counted in the labor force Od Hamza is out of the labor force Clear my choice